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Employee Communication and Engagement solutions major Dynamic Signal has recently made several announcements, including a sizable funding round that will help the company make deeper inroads into the HR tech space.

A total of USD 36.5 million was picked up in growth financing – bringing the company’s funds to USD 88 million as on date. If the list of investors is anything to go by, Dynamic Signal definitely holds potential – Microsoft Ventures, Cisco Investments, Rembrandt Venture Partners, Time Warner Investments, and Adams Street Partners, among others, all joined in.

Dynamic Signal revealed that Robin Murray from Adams Street Partners, and Donald Tucker from Cisco Investments, will be joining their board.

The funds will be used to develop the platform further, adding more functionalities around employee engagement. The team is also expected to double this year, reinforcing their presence across Seattle, Chicago, London, New York, and Silicon Valley.

“Employees are an organization's most valued asset and communication with them is mission critical. But in today’s enterprise, communication is broken,” said Dynamic Signal CEO and co-founder, Russ Fradin.

Fradin pointed out the recent tech explosion and the possibilities for tomorrow: “Technology has changed the way we consume information. Eighty-five percent of U.S. adults now get their news on a mobile device, and more than 50 percent of the U.S. workforce does not have a corporate email address.”

“The rapid adoption we’ve experienced is evidence that organizations recognize how significantly employee expectations for communication have radically outpaced enterprise communication practices. We’re proud to be leading this $5 billion market by providing the most comprehensive Employee Communication and Engagement Platform available today.”

Dynamic Signal comes with several key integrations, connecting HRIS, CRM, SSO, Identity Management, and the like. Popular intranet systems like Facebook, Slack, and Yammer are all supported.

In another update, Dynamic Signal has rolled out the following –

DySi Open: a free, fully functional Dynamic Signal powered-community available on both Apple and Android ecosystems